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News Corp.’s Dow Jones Buy Yields Beachhead in Professional Data

At 01 Aug 2007 10:10:50 in MDI-Newswire Services, Market Data Insight    Print Article  Email Article   Full content requires subscription 

News Corp.’s agreed acquisition of Dow Jones & Co. for some $5 billion is clearly a newspaper play. It’s obvious that News Corp. chairman and CEO Rupert Murdoch has long harboured the ambition to become a Citizen Kane-type proprietor of a respected and powerful newspaper, and The Wall Street Journal fits the bill, particularly if you take a look at the relatively low esteem of his other newspaper holdings.



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